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Korean Shipyards Cut Costs to Boost Profit
3/26/2017 9:53:23 PM
 South Korea's Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) said that they will strive to boost their profitability via increased orders and continued cost-cutting measures, reports Yonhap...

CMA CGM Fidelio: Fire on Board
3/25/2017 10:41:20 PM
 The container ship CMA CGM Fidelio caught fire on 15 nautical miles off Puerto de San Miguel (Ibiza), Spain.
The vessel was en route from Valencia to Malta, when flames erupted in the superstructure...

India's Cochin Shipyard Gears up for IPO
3/25/2017 10:39:22 PM
 Cochin Shipyard Ltd (CSL),  India's largest public sector shipyard, has filed  initial public offering (IPO)document with  the market regulator Securities and Exchange Board of India (SEBI)  to go public...

Cristobal Colon Arrives in Sydney
3/24/2017 9:45:54 PM
 HMA Ships Darwin, Melbourne and Parramatta have escorted the Spanish Armada's Cristobal Colon into Sydney Harbour as part of her role in providing platform and familiarisation training to Australian personnel...

Hapag-Lloyd: Positive Operating Result in a Challenging Environment
3/24/2017 9:43:41 PM
 Hapag-Lloyd AG remains bullish on the substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost-cutting programme alongwith further synergies expected due to the merger with UASC...

Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates
3/24/2017 11:48:09 AM
German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve.
The shipping industry has been grappling with a prolonged downturn...

Trump Gives US Green Light to Keystone XL Pipeline
3/24/2017 10:53:50 AM
President Donald Trump on Friday unveiled his administration's official go-ahead for the Keystone XL pipeline, a controversial project that was rejected by his predecessor, former President Barack Obama...

Coalition Urges Congress to Address Asian Carp in the Great Lakes
3/27/2017 10:11:55 AM
A coalition of maritime business and industry organizations sent a letter to key Members of Congress on Friday, March 24 urging funding for the Great Lakes Restoration Initiative (GLRI) to further support efforts undertaken by the State of Illinois to slow, stop and reverse the migration of Asian carp, an aquatic invasive species, through cost-effective... Go to Article

Baltic Index Rises to Over 4-month High
3/24/2017 9:42:25 AM

SOV Bibby WaveMaster 1 Launched
3/24/2017 9:13:22 AM

Next-Generation Subsea Metrology: Better Measurements, Fast
3/23/2017 4:13:21 PM

Baltic Index Inches Up on Firmer Panamax Rates
3/23/2017 10:18:19 AM

CNOOC Reports Worst Result Since At Least 2011
3/23/2017 9:13:53 AM

Multinational Task for Australian Mine Warfare Team
3/22/2017 9:20:51 PM

SoCal Tech Focus: BIRNS
3/22/2017 4:25:36 PM

Indonesia Port Graft Investigation Disrupts Coal Exports
3/22/2017 9:06:01 AM

Maersk Line, Hamburg Sud Offer Merger Concessions to Gain EU Approval
3/22/2017 8:53:57 AM

USS Lake Erie Assists Distressed Mariners
3/21/2017 9:41:42 PM

Riptide Expands Its UUV Product Line
3/27/2017 10:58:09 AM

German Industrial Plant Building Orders dip to 2004 Levels
3/27/2017 9:01:23 AM

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